LOS ANGELES, Sept 16 (Reuters) - VMware Inc is in advanced talks to buy Novell Inc's Linux operating system business, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The paper reported that private equity-backed software company Attachmate Corp could buy some or all of Novell's remaining assets.
The report came after the New York Post reported Novell, the world's No. 2 maker of the open source Linux operating system, will sell itself in two parts and that it is three to four weeks away from signing a deal.
Shares in Novell closed 2.5 percent higher at $6.05 on Nasdaq. They had risen more than 6 percent on Wednesday on the Post's report. VMWare ended down 1.5 percent at $84.76 on the New York Stock Exchange.
(Reporting by Alex Dobuzinskis: Editing by Gary Hill) Keywords: NOVELL VMWARE/ (alex.dobuzinskis@thomsonreuters.com; 1 213-955-6781) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The paper reported that private equity-backed software company Attachmate Corp could buy some or all of Novell's remaining assets.
The report came after the New York Post reported Novell, the world's No. 2 maker of the open source Linux operating system, will sell itself in two parts and that it is three to four weeks away from signing a deal.
Shares in Novell closed 2.5 percent higher at $6.05 on Nasdaq. They had risen more than 6 percent on Wednesday on the Post's report. VMWare ended down 1.5 percent at $84.76 on the New York Stock Exchange.
(Reporting by Alex Dobuzinskis: Editing by Gary Hill) Keywords: NOVELL VMWARE/ (alex.dobuzinskis@thomsonreuters.com; 1 213-955-6781) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.